Ledger Live- Why should you use it with your Ledger Wallet?
Since we are here to talk about Ledger live, let me clarify one thing, it is a mobile application that we use to connect our Ledger devices to that of our computers. Once you have installed this app on your devices, you can take many actions with your Ledger live accounts. For example, if you wish to access your crypto assets or NFTs, or you want to utilize DeFi services, then you surely can do this with the help of this application.
Now, if you are wondering, why must you use this, then there are a few major or primary functions of this app that would help you enjoy uninterrupted service with your Ledger Wallet.
Here is when Ledger Live comes into action
Following are the scenarios when you will need to make use of this platform. It certainly comes in handy on different occasions such as:
- Facilitates you with the option to keep track of all the assets that you have in your wallet
- As and when you need, you can also use this app to stake some crypto assets
- If you wish to trade NFTs and looking to own them, then this app helps you do that
- Not just that, you can also chat with others and play games
In short, we can say that Ledger Live helps users by synchronizing their transaction history as well as balancing with the blockchain. If you wish to keep track of your balances on your desktop as well as the mobile app, then you can certainly install the Ledger Live app on multiple devices, set passwords on these apps, and add accounts based on your requirements.
Reasons to use the Ledger Live app
If you have some trust issues and you're not sure whether or not you should use this app, then I must tell you that this app is a development of one of the most secure hardware crypto wallets, Ledger Wallet. There is a wide spectrum of actions you can take from this exclusive app, Ledger Live:
- Buy crypto: From within the wallet, you can make sure that you are able to buy a wide range of crypto assets including Bitcoin, Ethereum, Tether, Polkadot, Aave, and more. You can purchase these assets using different payment methods such as bank transfers, credit cards, etc.
- Swap crypto: In addition to that, you can also use this app to exchange one crypto for another. And not just one crypto but around 5,000 different crypto tokens.
- Gain access to DeFi: If you wish to increase your crypto money and want to access the world of decentralized finance, then this is your go-to app for staking assets due to its partnership with Lido.
- Keep track of your NFTs: Whether you wish to collect, visualize, or send your Ethereum NFTs, the Ledger Live app has got you covered.
- Track crypto market prices: With this app, you can also get to view the market watchlist without having to do much. This certainly contains every detail that you will require in order to build your portfolio.
Conclusion:
In essence, we can say that Ledger Live is the soul of Ledger Wallet. Hence, if you are planning to own a Ledger device or already have one, then you must use this app to make the most out of your wallet. I hope this read has given you clear insights into how beneficial this application is and how you can take control of everything you do in the Web3 world.
